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Category Archives: marketing
May 2024 Car Sales Drop 3% in EU
Registrations of battery-electric (BEV) cars declined by 12% to 114,308. The total EV market share dropping to 12.5%. Belgium – now the third-largest market by volume for BEVs – and France were the only key markets to record growth, at 44.8% and 5.4%, respectively. Germany (-30.6%) and the Netherlands (-11.7%) had significant declines. From January to May, a total of 556,276 new battery-electric cars were registered. This is a 2% increase from the same period last, according to the ACEA trade group. Continue reading
Posted in auto news, economy, electric vehicles, marketing, news analysis, results, sales
Tagged acea, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Death of the diesel, EU May 2024 Cars Sales, European Automobile Manufacturers’ Association, Ken Zino
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May 2024 Global Light Vehicle Sales Rate Up Slightly
“Key markets, China and the US, benefited from improved selling rates versus the previous month. In Europe, there was little change for the West of the region in its month-over-month (MoM) selling rate evolution. While Eastern Europe made progress, with the latter once again supported by recovery in Russia. In Japan, the selling rate declined notably as supply issues persist,” the GlobalData light-vehicles sales forecast team said. Continue reading
Chinese Trade Wars – Exports Growing, Prices Dropping
Two very real problems are increasing for non-Chinese global automakers. First, is the penetration rate. This is the market share of the vehicles that are the future of the companies that will survive what is an historic reshaping of a global industry. Here, so-called New Electric Vehicles – [NEVs – battery electric vehicles, plug-in hybrids and range-extended electric vehicles combined] that have been heavy promoted, subsidized and pushed forward by the Chinese government are now accounting a 43% share in April, an historic high. The economies of scale are enormous and a clear Chinese competitive advantage. Continue reading
Posted in auto news, economy, electric vehicles, electronics, environment, global warming, manufacturing, marketing, mobility company, news analysis, public health, sales, software defined vehicles
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Biden Administration, Bidenomics, BYD Qin L, Chinese Trade Wars, consumer electronics, Global Data Analyst comment, GlobalData, internet of things, Ken Zino, Nan Zhang, Xiaomi
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Stellantis Promise or Puff? – Clean, Safe, Affordable Mobility
No matter how nuanced a view you take, Jeep is central to the plan. The China Leapmotor Strategy is either daft – given the expanding global trade war with China or dictated by reality. Perhaps more significant in this moment, Stellantis re-affirmed its 2024 financial guidance and capital return plan, which promises double-digit Adjusted Operating Income (AOI) margin and positive industrial free cash flows. Stellantis will provide ≥€7.7 billion in dividends and buybacks during 2024. Continue reading
Posted in auto news, electric vehicles, financial results, fuel economy or emissions, global warming, manufacturing, marketing, mobility company, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, carlos tavares, Ken Zino, Natalie Knight
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OPTIQ EV- Cadillac Introduces an Entry Level Compact SUV
Cadillac today revealed the new 2025 OPTIQ, an entry-level Cadillac luxury EV. OPTIQ is the least-expensive EV in lineup. This is Cadillac’s fourth EV, positioned below the barely-selling LYRIQ mid-size crossover, with a base price of ~$59,000. This fall OPTIQ joins the expensive ~$300,000+ CELESTIC sedan and the Escalade SUV (~ $130,000). Next year, the VISTIQ appears in showrooms. OPTIQ pricing starts at an estimated $54,000 for the Luxury trim, Sport will be more expensive [footnote 10],* including destination charges, excluding tax, title, license, and dealer fees. Obvious competitors include Tesla Model Y, Ford Mustang Mach-E, Mercedes-EQ EQB, and Lexus RZ. Continue reading
EV Grumblings – VW ID.7 Luxury Sedan Delayed or Killed?
In a terse statement issued by Volkswagen today in Reston VA, the German automaker said that it is delaying the introduction of the ID.7 sedan in the U.S. and Canada, “as market dynamics continue to change.” Rough translation from AutoInformed: the car market in the US continues to shrink and VW has been a weak player in this segment for decades. More economic dollars and sense can be obtained promoting the ID.Buzz van due in the Fourth Quarter and marketing the already on sale 2024 ID.4 SUV. Continue reading
SubieEvents Starts 2024 at Stafford Motor Speedway
“The joy of Subaru fans celebrating together is the best part of the SubieEvents series. We have it all, from Lightning Lap leaders to Goodwood Festival favorites to enthusiasts’ own rides, and we’re excited to share amazing vehicles and experiences with even more attendees this year,” said Alan Bethke, Senior Vice President of Marketing, Subaru of America. Continue reading
Honda 2025 Civic Hybrid – Most Powerful and Safest Ever
“The new Civic hybrid is a perfectly-timed addition to the Honda lineup as hybrid-electric sales continue to grow, providing Honda with an important building block toward 100% zero-emissions vehicle sales by 2040,” said Lance Woelfer, assistant vice president of Honda National Auto Sales, American Honda Motor Company. “Honda hybrid-electric models represented over one-quarter of our overall brand sales in 2023, and the fun-to-drive Civic hybrid is a fantastic new product at the gateway of our popular electrified lineup along with Accord hybrid, CR-V hybrid and the all-electric Prologue.” Continue reading
Posted in auto news, connected vehicles, electric vehicles, engineering, fuel economy or emissions, marketing, mobility company, safety
Tagged 2025 Civic, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Honda two-motor hybrid system, Ken Zino, Lance Woelfer
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Team Penske Front Row for 108th Indianapolis 500, But…
Chevrolet now holds 13 earned pole awards historically, and seven in the 2.2-liter twin turbo V6 era since 2012. Reigning Indianapolis 500 winner Josef Newgarden led the two-hour practice today as teams shifted from the all-out speed of PPG Presents Armed Forces Qualifying last weekend to stable setups for the race Sunday, 26 May. Newgarden turned a best lap of 226.238 mph in the No. 2 Shell Powering Progress Team Penske Chevrolet. However, 17 of the 33 starting positions are occupied by Honda, always a formidable racing competitor on any track. Continue reading
Posted in marketing, news, people, results, shows and events
Tagged 108th Indianapolis 500, Andretti Global with Curb-Agajanian, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, indycar, Josef Newgarden, Ken Zino, Pennzoil Team Penske Chevrolet, Scott McLaughlin, Shell Team Penske Chevrolet, Tom Blomqvist AutoNation/Arctic Wolf Honda of Meyer Shank Racing, Verizon Team Penske, Will Power
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April Global Light Vehicle Sales Tick Up Slightly
The Global Light Vehicle (LV) selling rate was 86 million units annually in April 2024, a modest improvement on the previous month, according to an analysis just released by the respected GlobalData consultancy.* With 6.8 million vehicles sold in April, this was a 2.8% improvement year-on-year (YoY), with year-to-date (YTD) sales increasing 3.8%.
Regional selling rates continued to see mixed results GlobalData said. In the US, the selling rate grew month-on-month (MoM). China’s selling rate eased despite the continuation of the price war. Europe also saw a moderate contraction in the selling rate in April versus March. In Japan, sales bounced back after production disruptions at major brands. Continue reading
VW Microbus Will Come to the US in Three Trims
Volkswagen of America today said that the 2025 ID. Buzz, the electric powered nostalgia marketing, Microbus* will be offered in three trims, unlike the untrimmed original owners — Pro S and Pro S Plus, along with a launch-only 1st Edition—with a 91 kWh battery and 282 horsepower for rear-wheel drive models; 4Motion® all-wheel-drive models will have maximum horsepower of 335. Range and pricing will be announced closer to launch. Continue reading
First Gen Four BMW 1 Series Made in Leipzig
The first of the fourth-generation BMW 1 Series came off the production line at BMW Group Plant Leipzig today. BMW said it was a 120 model in Alpine White for a customer in Germany.* The new BMW 1 Series is due for market launch in October 2024. When first introduced in 2007, the 1-series was a successful bet that a small hatchback doesn’t need to equate to cheap. Continue reading →